Average Price for property in Broad Lane, Coventry, CV5 is around £242,075 which varies based on type of property you are interested in and ranges from £333,828 for detached house to around £233,547 for semi-detached. Similarly terraced house is around £170,135 and a flat is worth £113,698. Values have been changing and have risen £501 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £536 in last 6 months, £10,890 in last 1 year, £28,603 in last 2 years, £34,106 in last 3 years, £28,165 in last 4 years and £27,337 in last 5 years.
Currently average asking price of a property in Broad Lane, Coventry, CV5 is around £230,862 based on approximately 12 properties for sale. Same is the case with rental options based on 188 properties up for rent, average asking rent is around £924 per month.
Estimated property value in Broad Lane, Coventry, CV5 is £242,075. Average asking price is £230,862 while average price paid is £204,000 which is up by £10,890 and Avg. asking rent £924.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Broad Lane, Coventry, CV5 area. In last 1 year alone average price buyer paid is around £204,000 based on approximately 12 sales in Broad Lane, Coventry, CV5 area alone. If you compare it to last 3 years sales of 41 properties where buyers paid around £213,348. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £200,036 for 72 and average amount paid for purchase of approx. 104 properties sold in last 7 years comes to about £199,238 per sale.